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Capital Gains

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(Querist)
23 September 2019 Client has 3 residential apartments. Two of which are 100% owned and one in co-owned with wife. He is selling the house which is co-owned and making a decent capital gain after indexation. Can these proceed be invested to buy another house of any other investment to claim capital gain exemption under any of the sections 54
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
23 September 2019 Capital gain exemption under sections 54 available.
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